BE SENSITIVE TO ALL THINGS "RIGHT" TO WEALTH CREATION
G Soros said,
Only If u r Right, Buy all = hantam = 'sailang' big big.
Story Heard 1
In the nineties, Soros had a very young sidekick in Drunkenmiller.
This young turks is truly an expert in forex. He knew so much
about Pound then. So this young man shorted Pound n kept bragging about
his theory. Soros then asked him, what is your position in Pound short ?
The answer given by Drunkenmiller is pretty small.
Soros turned around n said to him, if u r damn Right, why small ?
Next moment, together they went shorting Pound all the way to
bankrupting Bank Of England. As a matter of fact, bank Of England
didn't bankrupt, 1 other central bank, u know who almost did !
For quite a few years, bank Negara was a hero in forex trading. The
entire forex world was waiting every morning for the wonderful 'tips'
from Negara. That was the key word people looked for.
See, when people do wrong things, they get promoted even higher. U also
know why someone is so angry with 'moron' Soros. Many people do not know how to choose the real difference between RIGHT or wrong stocks, Pass or fail, GOOD or bad people or ideas. Many times wrong n bad people get promoted n r fully recognized in high office. Has this become our incredible culture ?
Story Heard 2
J Paulson graduated amongst the very top in his MBA Finance at Harvard Biz School. He knew so much about sub prime financing biz. In late 2006 he started shorting Sub Prime derivatives n loss. Running out of choice he made contact to G Soros around late 2007 to early 2008 n had an appointment.
Paulson gave a presentation n within 1 hour, the older gentleman bought his story.
Immediately both went shorting sub prime like 'crazy'. n the whole investing community followed suit leading to 2007-09 DOW financial crash.
Paulson became record holder making US$3.2 billion. 2nd record was $2.8 billion. No name was mentioned. Of course none other than that older man. So Humble he is.
So we need to aim RIGHT at RIGHT TIMING.
& be sensitive to all things RIGHT to score in the 'stock mkt exam' every cycle ...
More HERE ,
http://klse.i3investor.com/servlets/forum/900000315.jsp?fp=2
http://klse.i3investor.com/servlets/cube/post/purebull.jsp
http://purebull-bursatrader.blogspot.ca/
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Influence power? Nice article :) Seems like we a forum King at i3,just blow your whistle and we follow u to shoot the elephant hehe
2012-12-21 08:45
We do not need to trade in KLSE everyday, we trade when there is an opportunity. According to statistic, there is a chance of 1.3 times you can double your money in stock market in every year. Patience to wait for that opportunity to surface. Buy big when you are right is very important to maximize your profit.
Thank you.
Ooi
2012-12-21 08:58
berid
tq for the story..
2012-12-21 08:12